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Former IIFL CEO to launch fund for early-stage bets

Finance

03 November, 2021

Former IIFL CEO to launch fund for early-stage bets

Prashasta Seth, former chief executive officer of IIFL Asset Management Company, is launching a sector agnostic early-stage fund...

FMO-backed fintech firm Innoviti launches ESOP buyback for eligible employees

Finance

03 November, 2021

FMO-backed fintech firm Innoviti launches ESOP buyback for eligible employees

Innoviti Payment Solutions Pvt. Ltd, which provides payment solutions to offline enterprise merchants, has launched a $5 million...

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Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Finance

03 November, 2021

Delhivery employees may get at least $470 mn at a $5.5 bn valuation

Nine senior executives at logistics unicorn Delhivery hold employee options that may fetch them more than $125 million from the...

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Finance

02 November, 2021

RBI committee suggests ARCs be allowed as resolution applicants with AIFs

Asset Reconstruction Companies (ARCs) will now be allowed to participate as resolution applicants in the bankruptcy and insolvency...

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PremjiInvest in talks to bet on digital gold lending startup

Finance

02 November, 2021

PremjiInvest in talks to bet on digital gold lending startup

PremjiInvest, the family office of Wipro founder chairman Azim Premji, is in advanced talks to invest in a gold assets ......

Gold loan startup Ruptok Fintech raises $2.1 mn in Pre-Series A funding round

Finance

02 November, 2021

Gold loan startup Ruptok Fintech raises $2.1 mn in Pre-Series A funding round

Ruptok Fintech Pvt. Ltd.(Ruptok), a fintech platform for gold loans has raised Rs 16 crore (around $2.14 million) in Pre-Series...

Vivriti Asset Management hires former Aditya Birla MF exec as Fund Manager for credit funds

Finance

02 November, 2021

Vivriti Asset Management hires former Aditya Birla MF exec as Fund Manager for credit funds

Vivriti Asset Management (VAM) has appointed former Aditya Birla Group executive Mohamed Irfan as Fund Manager of its credit funds,...

Ward Ferry-backed Niyogin to infuse $14 mn for expansion

Finance

02 November, 2021

Ward Ferry-backed Niyogin to infuse $14 mn for expansion

Niyogin Fintech Ltd, a technology-focused non-bank lender that counts Hong Kong investor Ward Ferry as a key shareholder, will...

White Oak Capital completes acquisition of Yes Mutual Fund

Finance

02 November, 2021

White Oak Capital completes acquisition of Yes Mutual Fund

White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...

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Companies raised over $7.5 billion in October, half a dozen unicorns pop up

Finance

01 November, 2021

Companies raised over $7.5 billion in October, half a dozen unicorns pop up

Private equity and venture capital investors poured over $7.5 billion in Indian companies during the month of October alone, as...

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